Word: minimum
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...senior industry executive in Beijing notes, a very strong argument exists against adopting the very latest technology in a country like China where the vast majority of subscribers and especially new subscribers are only interested in the bare minimum - and cheapest - service. "Continuing to use 2G allowed many rural users to subscribe who might not have been able to afford the additional cost" of 3G handsets and services, said the executive, who requested anonymity...
...yesterday’s decision. Cambridge already contains 155 biotechnology firms, marking the highest concentration of that industry in the world. The approved proposal contained a number of concessions to neighborhood and city interests. Within the six-block area opened for dense construction, ARE has agreed to maintain a minimum of 220,000 square feet of housing, including low and mixed-income housing and retail space. They have also agreed to retain 2.2 acres of open space for community use. Also part of the negotiations that preceded yesterday’s approval, the city will acquire for municipal...
...hours' sorting and selling items to middlemen at a municipal lot, he clears around $3.50. A good day means double that, which is still not very much for him, his wife and the four school-age kids they have at home. He earns around half the monthly minimum wage of $175, average for people in his line of work. (See pictures of India's slumdog recycling entrepreneurs...
...particularly troubling TARP program called Term Asset-Backed Loan Facility that lets companies borrow money using asset-backed securities as collateral: "Treasury should consider requiring that some baseline fraud prevention standards be imposed (such as minimum underwriting standards or some other combination of provisions that will minimize the risk of fraud...
...facilitate a sale, SEBI is planning to relax the rules governing corporate buyouts. Currently, any group wanting to acquire a minimum 15% stake in a company must make an open offer to all shareholders based on a 26-week average share price. SEBI wants to waive this requirement to enable more realistic pricing of Satyam's shares, which plunged by more than 70% after the scandal broke and now trade at about $1.27 a share. Satyam's government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that...